Generative AI can be polarizing. Early adopters believe it is an opportunity to leverage technology to generate value and efficiency. However, mass adoption of nascent technology is byzantine. It can ...

Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

Please provide your email address to receive an email when new articles are posted on . Most patients want to have conversations about costs of care. Fewer than 15% of patients report having these ...

In today's fast-paced digital economy, corporate decision-making is undergoing a seismic shift. The traditional reliance on historical data, experience and intuition is giving way to AI-powered ...

According to recent McKinsey & Company research, executives spend nearly 40% of their time making decisions. Deciphering the results of a survey of 1,200 global business leaders, they estimated that ...